Inflation rate in country showing sharp decline: Asad
Minister for Planning, Development and Special Initiatives Asad Umar has said the inflation rate in the country has been showing a sharp...
Oil firms as OPEC+ begins record cuts; set for weekly rise
NEW YORK: US oil prices were 4pc higher while the front month Brent crude futures rose above $26 per barrel on Friday,...
More and more borrowers benefitting from relief package: SBP
The State Bank of Pakistan has said that more and more borrowers are benefiting from its relief package to extend loan principal...
PM Imran vows to protect workers from COVID-19 crisis
PM says govt aims to develop integrated systems for workers’ welfare institutions
US manufacturing activity plunges to 11-year low as orders sink
WASHINGTON: US manufacturing activity plunged to an 11-year low in April as the novel coronavirus wreaked havoc on supply chains, suggesting the...
Smart lockdown to protect daily wagers, labourers: info minister
ISLAMABAD: Information and Broadcasting Minister Senator Shibli Faraz said on Friday the federal government adopted the concept of smart lockdown under the...
‘Transit trade’: Pak-Afghan borders opened for five days a week
PESHAWAR: Pakistan has decided to open for five days a week Torkham and Chaman border crossings in order to facilitate bilateral and...
KP govt forms power transmission company to address distribution issues
PESHAWAR: The Khyber Pakhtunkhwa government has approved the establishment of its first-ever 'Khyber Pakhtunkhwa Transmission & Grid Company (KPTGC)' to address the...
‘Govt making all-out efforts to minimise virus impact on economy’
Hammad Azhar says Centre and provinces are on same page in determining as to what industries should be opened during lockdown
COVID-19: SBP enhances financing limit for hospitals
KARACHI: The State Bank of Pakistan (SBP) has increased the financing limit for a hospital from Rs200 million to Rs500 million, under...
Trump threatens new tariffs on China in retaliation for coronavirus
WASHINGTON: US President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus...
Inflation eases to 8.5pc in April
Experts believe inflation may drop further in May following a major cut in oil prices
UN chief pushes for debt moratorium, more aid to poor nations
UNITED NATIONS: UN Secretary General Antonio Guterres has reinforced calls for debt moratorium to help developing countries combat coronavirus pandemic that has...
Fears of cement manufacturers grow amid rising costs, taxes
LAHORE: The country’s cement manufacturers have warned that they are at a stage if the losses (3QFY20 losses) keep mounting, they fear large...
Crude extends rally as output cuts begin
Oil prices rallied Friday as massive output cuts began to kick in and top producers said they would turn the taps lower,...